- Ivanhoe Mines (OTCQX:IVPAF +13.1%) says it plans to hire a strategic adviser to address unsolicited interest received in recent months after a major copper discovery in Africa earlier this year.
- Ivanhoe does not identify the parties that have expressed interest, beyond saying that the inquiries are from “significant mining industry participants in Asia, Europe, Africa and elsewhere.”
- Ivanhoe's Kakula discovery is part of the company’s Kamoa copper project, which is thought to be the world’s largest untouched high-grade copper discovery.